Ms Mary Burke:

I don't know whether it played into it, Deputy, and I wouldn't necessarily use your language. It's more eloquent and colourful, perhaps, than mine but, perhaps, being from the Central Bank I tend to play it more low key. Yes, the wild west reference did ... was something people had in mind. It certainly was something people felt defensive about. I don't know that the standards were lowered for domestic banks by virtue of the IFSC but there was very much a view that we needed to have one regime and sell the regulatory regime in the context of the promotion of industry as being a one regime for supervising banks.